Quantum computers powerful enough to break today’s encryption do not exist yet. But banks are already treating that future as a present-day deadline, according to a new analysis published by The Quantum Insider on August 7.
The CLARITY Act, Washington’s biggest attempt yet to write clear rules for crypto markets, missed its shot at finalizing in a vote before the Senate’s August recess. Nevertheless, the initiative is still very much alive. U.S. Senate Majority Leader John Thune has opened the first procedural steps needed to bring the bill to a vote […]
Retailers and payment providers still have some thinking time left until August 14, 2026. That’s the date when a new industry standard meant to make AI shopping agents accountable when something goes wrong is activated. After that date, the draft closes to comment and moves toward a stable release.
A recent pullback in AI-related equities has reignited debate among emerging market investors over whether the sector’s rally has run its course, according to Mark Martyrossian, Director at Aubrey Capital Management.
Singapore’s wealthiest and most experienced investors are not waiting for regulators to catch up. New research from digital asset bank Sygnum shows that three in four of the city-state’s high-net-worth and professional investors already own tokenized assets, at the same time as the country’s financial regulator is asking the public whether ordinary retail investors should […]
Nearly two-thirds of people who acted on financial tips from social media now wish they hadn’t. New research from TSB, surveying almost 2,000 UK adults, found that 59% of people who followed financial advice they encountered on social media went on to regret doing so. The bank’s study looked at how people are using and […]
Quantum computing is edging into the world of bank security. D-Wave Quantum and Nasdaq Verafin, the anti-money laundering and fraud technology arm of Nasdaq that serves more than 2,800 financial institutions holding a combined $13 trillion in assets, announced an agreement on August 3, 2026, designed to evaluate whether quantum computing can improve financial crime […]
Crypto had a rough week on two fronts, regulation and cybersecurity, at once and it says a lot about where the industry actually stands.
The US labor market just handed new Federal Reserve Chair Kevin Warsh an unwelcome test of his authority and the timing could not be worse.
Klarna, the Swedish digital bank known for its “buy now, pay later” checkout tools, has switched on its first integration with J.P. Morgan Payments in the United States. The update enables any merchant already using J.P. Morgan Payments’ Commerce Platform to offer Klarna’s payment options at checkout without building or coding anything new.
New research from Access PaySuite, part of The Access Group, has found that many councils in England are not preparing early enough for changes to how they collect payments and manage income during Local Government Reorganisation (LGR).
Israel-based payments company Nayax has applied for a US bank charter, that would let it offer business cards, loans, and cash advances directly through its own platform instead of leaning on outside banks. The company filed the application with the Connecticut Department of Banking to create Nayax America Bank, which would be headquartered in Fairfield […]
PayPal fintech company posted second-quarter adjusted earnings of $1.38 per share, beating the $1.28 that analysts expected. Revenue rose 5% year over year to $8.68 billion, also ahead of forecasts. PayPal then raised its full-year profit guidance to $5.38 per share, up from its prior outlook of flat-to-declining earnings. These results underpin the company’s earlier […]
The U.S. Senate has one real shot left to vote on the Digital Asset Market Clarity Act before lawmakers leave Washington for the August recess. For payment processors and fintechs building on stablecoin rails, this bill matters far more than crypto trading stats.
The Federal Reserve holds its next rate decision on September 15–16, and for the first time in months, traders are leaning toward a hike, not a cut. The Fed’s rate-setting group, the FOMC, held its benchmark rate steady on July 29 for a fifth straight meeting, at 3.50%–3.75%. But three of its twelve voting members […]
A growing body of research is pointing to the same uncomfortable number: somewhere around a third of US economic growth right now traces back to AI. Not AI products people use daily, but the spending behind them.
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